Mass. recreational marijuana sales could generate $219M in taxes in first two years


The state is expecting recreational marijuana sales to generate $216 million in revenue for the state and up to $3 million for local municipalities in the first two years alone, a figure slightly behind earlier projections.

According to a study released Friday by the Department of Public Health, sales tax revenue from the state's 6.25 percent sales tax and 10.75 percent excise tax on recreational marijuana will total approximately $61.6 million in fiscal 2019 — which begins July 1, 2018 — and…

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